Chadbourne Represents the AES Corporation in Sale of Its Power Distribution Businesses in Ukraine
February 14, 2013
Chadbourne & Parke LLP represented the AES Corporation in a sale of its interests in two Ukrainian power distribution companies, AES Kyivoblenergo and AES Rivneoblenergo, to VS Energy International. AES Kyivoblenergo and AES Rivneoblenergo supply electricity to customers in industrial, residential, agricultural and energy sectors in Kyiv and Rivne regions respectively.
The transaction is expected to close by mid-2013 and is subject to Ukrainian regulatory approvals.
Chadbourne has a long-standing relationship with AES and has advised AES in connection with various corporate, M&A and project finance matters around the world.
The Chadbourne team was led by London partner Charez Golvala and Kyiv managing partner Jaroslawa Johnson, with key input from international counsel Anna Putintseva and Olga Prokopovych, and associates Tetyana Dovgan, Maryna Golovko, Oleksandra Soloviova, Anna Iakubenko, Andriy Kirmach, Alexandra Neovius and Paul White. Chadbourne continues working on the transaction.